This business is long established and has been a dominant player in the commercial & industrial installation of membranes. Installing membranes for dams, concrete tanks, gas & toxic materials. They have an international reputation, completing several major projects in the Pacific islands. Currently only doing jobs in NZ, but the business’s reputation still holds the ability to step back into that space if a purchaser desires.
The business has been trading for 25 years and the work is won on reputation and significant IP around process, knowledge and a skilled team of tradies. No advertising is done, but there’s lots of projects coming up to price. The current owner is selling due to a change in health but is committed to a 6-month process to transfer knowledge.
Business Highlights
- Profits of $700,000 in the year before owner’s health decline
- Work from home business model
- Dominant player in the market
- All labour is subcontracted
- Significant competitive advantage over the competition
- Forward work in place to complete & price
- Consistent / reliable team in place
If you want a business with good margins, competitive advantages, good IP and a strong reputation call Mike today on 021 450 049 to discuss what a good deal looks like.
Asking Price: $325,000 + Stock
Listing ID: KA2675
Sold
SOLD: Commercial Membrane Install. Profits $273,000+
North Island address disclosed to approve buyers
Weekly sales disclosed to approved buyers
$325,000
Call the broker
Call the broker
Address
North Island address disclosed to approve buyers
Sales
Weekly sales disclosed to approved buyers
Asking Price
$325,000
Listing ID
KA2675
SOLD by Mike Ponsonby & Matt Cantlon
